What is Mobix Token (MOBX)

Mobix Token or MOBX (MOBX/USDT – Trade it Here) is a reward token for users of the MOBIX platform. It is an incentive for using eco-friendly means of transportation, like bicycles, e-Bike, scooters, e-Scooter, or e-Moped. The platform itself incentivizes the micro-mobility ecosystem with an incentive scheme for sustainable, eco-friendly urban mobility. Basic information for their token is available on the MEXC Digital asset introduction page.

What is Mobix Token (MOBX)
What is Mobix Token (MOBX)

Key Features of Mobix Token (MOBX)

MOBX incentivizes multiple stakeholders in metropolitan areas to grow micromobility and supports urban planners in making cities more livable.

Microbility Consumers

Easy everywhere access to micromobility services, and incentivized consumption of value-added services. Individual and professional users in urban areas mobilize micro-mobility services and attach value-added services in a highly convenient ‘all-in-one’ and privacy-preserving way.

Micro mobility Service Providers

The main objective is to provide micro-mobility service providers with direct access to millions of end-users and corporate users of micro-mobility; i.e. the transportation of humans and goods. These providers currently only have access to limited user groups in scattered locations.

Micro mobility Infrastructure Providers

Infrastructure providers, such as building owners and operators, can optimize their asset utilization by offering available space and surplus capacity in a dynamic way, based on market needs. Better utilization means minimized fixed costs, and, in consequence, maximized asset values.

Value Added Service Providers

VAS providers can attach and offer their services to micro-mobility services in a contextualized way, using Fetch. ai-powered Autonomous Marketing Agents (AMA). These include leisure activities, such as special entertainment or dining offerings, as well as business activities, such as delivery or mobile nursing services.

Liquidity Providers

There will be a role for liquidity providers and autonomous marketing agents in the system to increase transaction volumes and reduce communication and transaction costs. Liquidity providers will receive a yield on capital invested via transaction fees. Liquidity providers supplying liquidity to system-controlled autonomous marketing agents will additionally earn reward tokens via a liquidity mining process that rewards in proportion to the amount and duration of supplied liquidity.

How does Mobix Token (MOBX) work?

As a MOBIX user, you can earn MOBIX Miles from a bunch of different activities. The points will be converted into MOBX Reward tokens and airdropped to your MOBIX Wallets. Activities include – among others – the use of scooters, bikes, mopeds, cargo bikes, and mini EVs. Even simple walking instead of using a car will earn you MOBIX Miles, and, consequently, MOBX Reward tokens.

MOBX tokens power the work of Autonomous Agents, i.e. they facilitate the communication between the MOBIX Marketplace users; s.a. search & find, reserve and book micromobility-related services and infrastructure offerings.

Autonomous Marketing Agents will be fed with MOBX tokens in order to allow for a privacy-preserving, contextualized way of promoting goods and services. Some fraction of the marketplace fees and Autonomous Marketing Agents’ fees are used to buy back MOBX and burn.

In short, the MOBIX Reward token takes on the function of a lubricant for the MOBIX Marketplace: it rewards and incentivizes individual and professional users to use eco-friendly (micro-mobility) transport, and, at the same time, provides a sustainable business model for micromobility-related service and infrastructure, as well as value-added service providers. And all are based on GDPR-compliant,privacy-preserving data management.

Mobix Token (MOBX) Tokenomics

MOBIX Micro mobility Rewards

75% of all MOBX tokens (75 million) are assigned as rewards for users engaging with micromobility offerings.

Fetch.ai Community Distributions

The Fetch.ai mainnet takes up 4% of the total MOBX supply (4 million). The first MOBX stake drop, with a distribution of 2% of the total supply (2 million) has been announced already and is expected to launch on September 20, 2021. On that day, 2.000.000 MOBX tokens will start to be distributed to users staking FET on the Fetch.ai mainnet over a 2-month period, until 20 NOV 2021. Two more stake drops with each 1% of the total supply (1m) will be executed over time. They will announce at least 2 weeks before both stake drops.

MOBX Development

5% of all MOBX (5 million) goes into MOBIX Micro Mobility Marketplace’s future development.

MOBX Reserve

1% of all MOBX (1 million) goes into a reserve that serves as a source of liquidity and supports marketing and listing activities.

Team

MOBIX, Fetch.ai, and Datarella teams will share 15.0% (15 million) of all MOBX tokens.

The initial issue was 100,000,000 tokens and currently, there is a self-reported circulating supply amount of 4,350,000 tokens. MOBX reached the highest price (ATH) of 0.353 USDT on September 25, 2022. The lowest price since the date of ATH was 0.112 USDT on September 27, 2022. Its current performance is 0.129 USDT (by September 28, 2022) with a market cap of $595,942. You can check the live price of their token right here!

How to buy Mobix Token (MOBX)

You can buy Mobix Token (MOBX) on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “MOBX” using the search bar to see the available trading pairs. Take MOBX/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of MOBX you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy MOBX] to confirm your order. You will find the purchased MOBX in your Spot Wallet.

You can find a detailed guide on how to buy MOBX token here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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